Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Baxter and Its Foundation Contribute Nearly $44 Million in 2008 to Address Critical Needs Locally and Globally.


DEERFIELD, Ill. -- Baxter International Baxter International Inc. (NYSE: BAX), is a global healthcare company with 48,000 employees and 2006 sales of US$10.4 billion. Its headquarters is in Deerfield, Illinois.  Inc. and The Baxter International Foundation, the philanthropic arm of Baxter, today announced their combined 2008 charitable giving, which focused on increasing access to healthcare, helping developing nations and countries in crisis, and addressing other critical community needs. In 2008, combined giving from the company and its foundation totaled nearly $44 million, comprising:

* $28.9 million from Baxter's businesses and facilities to address critical local needs in more than 40 countries;

* $10.9 million from donations of Baxter products to 58 developing nations and countries in crisis; and

* $4.0 million from The Baxter International Foundation, including nearly $1.4 million in grants to organizations outside of the U.S. and nearly $740,000 to more than 750 organizations through the Foundation's Dollars for Doers and Matching Gifts programs, which support employees' philanthropic efforts.

"Baxter's charitable giving activities align with and support the company's mission of saving and sustaining lives," said Robert L. Parkinson, Jr., Baxter's chairman and chief executive officer. "Whether through monetary and product donations, or by volunteering our time, Baxter is committed to making a positive impact on the health and well-being of our local and global communities."

Baxter Responds to Disasters Worldwide

Through its 2008 charitable donations, Baxter assisted individuals affected by worldwide disasters, including the earthquake in China and the cyclone in Myanmar. The Baxter International Foundation awarded $500,000 in grants to organizations dedicated to disaster relief, in addition to more than $220,000 in employee contributions and matching gifts from Baxter and the foundation in response to the disasters in Myanmar and China. At the same time, with the help of international relief agencies, the company donated nearly $2.4 million in needed Baxter products to humanitarian organizations working in the affected regions.

For example, Baxter assisted victims of the earthquake in the Sichuan province of China by donating intravenous (IV) solutions, therapies for renal patients and critical care nutrition products to the Ministry of Health and hospitals. Many Baxter employees in the region also volunteered in relief efforts, including Baxter technicians and Renal team members who helped to install machines for patients with kidney failure kidney failure
 or renal failure

Partial or complete loss of kidney function. Acute failure causes reduced urine output and blood chemical imbalance, including uremia. Most patients recover within six weeks.
. In addition, The Baxter International Foundation awarded $350,000 in grants to the Red Cross Society of China and Project Hope, a global disaster-relief agency, and also committed more than $92,000 through The Baxter International Foundation Employees Disaster Relief Fund to match contributions by Baxter employees to the relief efforts in China.

Baxter's donation of IV solutions to five organizations in Myanmar helped to prepare the region for a potential cholera outbreak after Cyclone Nargis affected more than two million people. Yangon General Hospital Yangon General Hospital (Burmese: ; formerly known as the Rangoon General Hospital), built in 1911 is a major hospital located in Yangon. It is located on Lanmadaw Road.  as well as four local in-country aid organizations each received 4,000 liters of the donated product, enough to treat 500 patients suffering from cholera or other diarrheal diseases. In addition, The Baxter International Foundation awarded a $150,000 contribution to CARE, a global humanitarian organization, to assist victims in the area.

Addressing Critical Needs Locally

Giving from Baxter's businesses and facilities totaled $28.9 million to address critical local needs in more than 40 countries. Each region determines its local giving based on the greatest needs of its community. For example, Baxter China has donated to Hope Schools, a program that develops infrastructure and systems to improve education in impoverished regions of Sichuan province. In the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , funds support Science@Work, a partnership with the Chicago Public Schools Chicago Public Schools, commonly abbreviated as CPS by local residents and politicians, is a school district that controls over 600 public elementary and high schools in Chicago, Illinois.  and other educational organizations to facilitate learning of math and science through biotechnology education to help ensure that the next generation of students is both interested and educated about science.

Product Donations Benefit Those In Need Globally

Baxter donated more than $10.9 million in vital medical products to 58 countries in 2008. Major product donations were distributed through international humanitarian aid Humanitarian aid is material or logistical assistance provided for humanitarian purposes, typically in response to humanitarian crises. The primary objective of humanitarian aid is to save lives, alleviate suffering, and maintain human dignity.  organizations AmeriCares, Direct Relief International and World Federation of Hemophilia. Baxter's product donations have helped individuals coping with a lack of healthcare resulting from political instability in Zimbabwe, Kenya and Darfur, as well as helped to rebuild healthcare access in areas of Indonesia affected by the tsunami. In 2008, Baxter joined the Partnership for Quality Medical Donations to support the organization's commitment to advancing effective drug and medical supply donation practices.

Foundation Grants Aim to Improve Healthcare Worldwide

In 2008, The Baxter International Foundation supported 89 organizations in 20 countries. Through its grant program, the foundation funds initiatives that improve global access to quality and cost-effective healthcare. Specifically, grants awarded in 2008 will help increase health and nutrition services for children, provide mental health services health services Managed care The benefits covered under a health contract  to the homeless, expand training for healthcare professionals addressing public health needs, and improve access to healthcare for children, the uninsured and the elderly.

Some of the organizations that received grants in 2008 from the foundation include:

* CONTACT to hire a registered dietician dietician Nutritionist A health professional with specialized training in diet and nutrition  to manage and prevent health conditions for at-risk children in two counties in Ontario, Canada.

* Medicos del Mundo to train 60 health promoters in 16 neighborhoods of Buenos Aires Buenos Aires (bwā`nəs ī`rēz, âr`ēz, Span. bwā`nōs ī`rās), city and federal district (1991 pop. , Argentina.

* Teen Living Programs to enhance its health and nutrition program for at-risk homeless youth in Chicago, Illinois.

A full listing of The Baxter International Foundation grants awarded in 2008 can be found at http://www.baxter.com/grants.

About Baxter

The Baxter International Foundation, the philanthropic arm of Baxter International Inc., helps organizations expand access to healthcare in the United States and around the world. The foundation, established in 1981, began to focus exclusively on increasing access to healthcare in 2002 - particularly for the disadvantaged and underserved - in communities where Baxter employees live and work. To learn more about the foundation, please visit http://www.baxter.com/about_baxter/foundation.

Baxter's commitment to sustainability spans three decades. The company is included in the Dow Jones Dow Jones

the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202]

See : Finance
 Sustainability Index and has been recognized by Innovest Strategic Value Advisors as one of the Global 100 Most Sustainable Corporations in the World, by Corporate Responsibility Officer magazine as one of the 100 Best Corporate Citizens and by the U.S. EPA EPA eicosapentaenoic acid.

EPA
abbr.
eicosapentaenoic acid


EPA,
n.pr See acid, eicosapentaenoic.

EPA,
n.
 as a Performance Track Corporate Leader. Baxter is a member of the Center for Corporate Citizenship Corporate Citizenship

The extent to which businesses are socially responsible in meeting legal, ethical and economic responsibilities placed on them by shareholders. The aim it to create higher standards of living and quality of life in the community in which it operates, while
 at Boston College Boston College, main campus at Chestnut Hill, Mass.; coeducational; Jesuit; est. and opened 1863. Actually a university, the school's Chestnut Hill campus comprises colleges of arts and sciences and business administration, the graduate school, and schools of nursing , the Business Environmental Leadership Council of the Pew Center on Global Climate Change The Pew Center on Global Climate Change is a non-profit advocacy organization that was established in 1998. Its Board of Directors includes Kenneth Arrow and Klaus Töpfer. [1] It is supported by The Pew Charitable Trusts, which "is working to create a policy environment , the Chicago Climate Exchange, the U.S. EPA's Climate Leaders and the Ethics & Compliance Officer Association. Baxter endorses the Ceres principles and is an organizational stakeholder stakeholder n. a person having in his/her possession (holding) money or property in which he/she has no interest, right or title, awaiting the outcome of a dispute between two or more claimants to the money or property.  of the Global Reporting Initiative.

Baxter International Inc. (NYSE NYSE

See: New York Stock Exchange
: BAX) develops, manufactures and markets products that save and sustain the lives of people with hemophilia, immune disorders, infectious diseases infectious diseases: see communicable diseases. , kidney disease Kidney Disease Definition

Kidney disease is a general term for any damage that reduces the functioning of the kidney. Kidney disease is also called renal disease.
, trauma, and other chronic and acute medical conditions See carpal tunnel syndrome, computer vision syndrome, dry eyes and deep vein thrombosis. . As a global, diversified healthcare company, Baxter applies a unique combination of expertise in medical devices, pharmaceuticals and biotechnology to create products that advance patient care worldwide.
COPYRIGHT 2009 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Mar 10, 2009
Words:1123
Previous Article:Alchemy Solutions Announces NetCOBOL for Windows V10.
Next Article:Share Your Best-Kept Design Secrets with HGTV Designer Kim Myles for Chance to be Featured in New Online Video Series on HGTV.com.
Topics:

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles